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Creative Solutions: How'd they do it?8 V4 F! b8 Z& d3 V3 w; m
Nothing says home like the living room couch' r: j& T2 i8 t" w$ J5 z
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Alexandra Zabjek7 f( ^/ G( ^# u% ]& K
The Edmonton Journal
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( G3 q1 C5 `; m; jSunday, May 20, 2007
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6 \4 q# B9 s1 p1 N/ v' LStudent apartments aren't typically luxurious places, but soaring rents in Edmonton are forcing some students to pare down their living arrangements even more than usual.
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At Steve Li's one-bedroom apartment near NAIT, the living room is a bedroom for his roommate, Bill Chadwick.4 H$ T3 x g+ J
- `7 t( n5 |7 j( HLi and Chadwick, both students, split the $600 rent almost evenly -- Li gets the bedroom for $325 per month, while Chadwick pays $275 per month to put his bed in the living room." S7 Y: x' U( N- R# ^
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"I receive approximately $700 per month (in grants) to go to school," says Chadwick, 32. "So when $275 comes into the picture, it works out quite well."
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( {: O- x! N# w6 Y" I; j: iAfter spending time couch-surfing with friends, Chadwick says having a "defined space" is great, even if it isn't a proper bedroom.! ~- k7 c- ]4 ~) \0 n$ c9 L: ~
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Sharing a one-bedroom apartment is a common arrangement amongst Chinese students studying in Edmonton, says Li, who has been living in Canada for the past seven years. It's a big change for many of these students, he says.1 |2 a! C$ Y8 v- c0 W( f
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"The people who can afford to send their kids to Canada to study are quite rich," he says. "(Their) apartments in China are big."
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Splitting the rent on a one-bedroom apartment, however, make things much easier for students with limited budgets.2 O2 x3 o& m6 W2 S
, O, G3 k9 h9 i- T' e4 z7 U* i: k"I wouldn't say (it would be completely) unaffordable, but this way it's much more economical," he says.
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# }! _, g$ o) USOMEONE IN THE BASEMENT TO HELP PAY THE MORTGAGE! i+ j! _* H- i! ]2 Y9 S6 D
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When Caitlin Crawshaw and her girlfriend bought a bungalow in Bonnie Doon last summer, it wasn't just the location that sold them on the 1950s era house. It was also the basement suite.# K1 @8 p+ a/ S$ b1 E! W
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"It wasn't originally part of our plan," Crawshaw says. "But as soon as we started looking at houses and seeing what the market was, we thought that maybe we should consider it."0 }* b) S2 {0 g" n- u1 ]# T
1 l* `; C$ { R- ?- n& nTheir tenant pays $500 per month for the 750-square-foot suite. The money helps the couple pay down their mortgage more aggressively and provides a cushion in case either loses their job, says Crawshaw.% E8 B( }) B( [; ]$ @3 o5 ?8 T7 y
1 t6 V8 m& Z. P: DThe arrangement has worked out well, especially because the tenant was already living in the house when they moved in and has proved to be a "fantabulous" tenant who often spends time gardening in the yard or raking leaves, says Crawshaw, 25., u5 T% e4 e3 Y* a" h- A
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The downside, however, is the lack of space. The couple and their two cats share about 750-square-feet on the upper floor of the house.$ } o1 c+ E# W" u, E% u& s
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"It would be nice to have more space and to have another bathroom," she says.& e8 q! m% m+ e0 Q$ G
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"But it does work out quite well. I don't regret it. But I don't want to do it for more than five years -- I don't think that anyone does."
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